The business was founded by John Jarvis who floated it on the London Stock Exchange in 1996 when it was valued at about £495 million.

[2] Ramada Jarvis went into liquidation on 30 September 2011 as a result of a severely restricted cash flow caused by the Group's principal bankers calling in loans before their term.

26 hotels were acquired by Jupiter Hotels Limited, a 50:50 joint venture between Patron capital and West Register, part of the Global Restructuring Group of the Royal Bank of Scotland Group.

The joint venture investors are injecting £40m, with debt financing of £71m provided by RBS, HSBC and Bank of Ireland, which were the original lenders to Jarvis.

[5] The Ramada Jarvis at Junction 25 of the M1 was privately bought and now operates under the Best Western banner.